Skip to main content

About your Search

20121212
20121212
STATION
CNNW 1
CSPAN 1
LANGUAGE
Search Results 0 to 2 of about 3
FOX News
Dec 12, 2012 6:00am PST
.s. allies, japan, south korea condemn the action. philippines, where the rocket landed 200 miles off its shore protested. japan is particularly upset because it flew over the okinawa islands where there is large u.s. presence. south korea is calling for more u.s. sanctions. the most important, china, they are saying want a moderate and prudent response. may well go to the u.n. security council this morning. back to you. martha: so how important is it for north korea's missile regime, missile program i should say they were able to launch this weapon successfully? they have seen several failures in the past? >> reporter: well it is a major scientific achievement if you look at it on that level even though a lot of their people are starving in the country. from what the experts are saying they're still a long way off from being able to fire a ballistic missile with a nuclear warhead. there is problems with the heat from reentry, things like that. but it's, they are moving towards that ballistic missile which could threaten in the future the u.s. mainland. but it does seem a political succes
CNN
Dec 12, 2012 6:00am PST
as the philippines. many in the u.s. and elsewhere were taken by surprise. the last time north korea tried to launch was april which ended in an embarrassing failure. to chris lawrence our pentagon correspondent, chris, the u.s. officials do they have any doubts that this is for real? >> reporter: don f they did, those doubts are quickly disappearing. i just got off the phone with a u.s. official who confirmed to me that the on object north korea put into space is still? or bit and the officials are going through final calculations to confirm whether it was indeed a satellite, as north korea claimed. regardless of that, it is confirmed that north korea did successfully go through three stages of this rocket, which is a jump in technology for them. this is the type of rocket that has the range to hit areas in alaska or u.s. bases in hawaii. so there is, you know, some concern over this success by north korea, don. >> so chris, how worried are pentagon officials again about the successful launch? you said there is some success with this but how worried are they about it? >> there are still some ways t
CSPAN
Dec 11, 2012 8:00pm EST
. the central bank in the philippines had a huge negative equity. the central bank can go on without necessarily having a positive equity. they have all sorts of tools they can theoretically use other than having to unwind their balance sheet. they can increase reserve ratio, the interest rates they pay on excess reserves, and so on. they have a lot of control. that makes me less worried about the fed's balance sheet. not that i approve of what they are doing recently. i think they can get out of it fairly easily. >> i would add the presence of this massive fed undertaking, in almost a desperate way, gets at the underlying problem. this is not a monetary policy issue. it is a fiscal policy issue. we have a lack of leadership. the threat of the tax policy expiring all tax policy, much of which has been in place to over a decade, has been a congressionally made thing. congress refuses to work on it until now. reich lot -- likewise, they have refused to tackle the spending part, both of which get us to our debt. you have this honor lack of anything happening -- utter lack of anything happening res
Search Results 0 to 2 of about 3